Wendy's Co
WEN- Exchange
- Nasdaq
- Industry
- Retail-Eating & Drinking Places
- SEC CIK
- 0000030697
No open-market purchases or sales by Wendy's Co insiders were filed in the last 90 days; 403 institutions reported holding it in 13F filings for Q2 2026, worth $1.48B in total; 3 superinvestors hold it, including Trian Fund Management and Fairfax Financial.
13F holders, Q1 2025
Institutional positions in Wendy's Co as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 424
- +3 vs. Q4 2024
- Shares held
- 188.4M
- +2.90M (+1.6%) vs. Q4 2024
- Total value
- $2.76B
- −$267.5M (−8.8%) vs. Q4 2024
- New holders
- 73
- 172 more added
- Sold out
- 70
- 113 more reduced
4 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting WEN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 403 | $1.48B |
| Q1 2026 | 412 | $1.33B |
| Q4 2025 | 429 | $1.59B |
| Q3 2025 | 403 | $1.67B |
| Q2 2025 | 402 | $2.25B |
| Q1 2025 | 424 | $2.76B |
| Q4 2024 | 425 | $3.04B |
| Q3 2024 | 394 | $3.13B |
| Q2 2024 | 392 | $2.98B |
| Q1 2024 | 364 | $3.30B |
| Q4 2023 | 388 | $3.42B |
| Q3 2023 | 351 | $3.54B |
| Q2 2023 | 360 | $3.57B |
| Q1 2023 | 343 | $3.60B |
| Q4 2022 | 348 | $3.48B |
| Q3 2022 | 336 | $2.85B |
| Q2 2022 | 341 | $2.86B |
| Q1 2022 | 356 | $3.33B |
| Q4 2021 | 364 | $3.61B |
| Q3 2021 | 351 | $3.40B |
| Q2 2021 | 337 | $3.53B |
| Q1 2021 | 324 | $3.28B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Wendy's Co; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Trian Fund Management, L.P.SuperinvestorTrian Fund Management | 30,423,683 | $445.1M | 11.91% | −101,346−0.3% | Reduced |
| Vanguard Group Inc | 21,634,226 | $316.5M | 0.01% | +536,071+2.5% | Added |
| BlackRock, Inc. | 19,774,487 | $289.3M | 0.01% | −31,427−0.2% | Reduced |
| AQR Capital Management LLC | 10,638,169 | $155.0M | 0.16% | +217,055+2.1% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 9,751,310 | $142.7M | 0.24% | +502,005+5.4% | Added |
| Charles Schwab Investment Management Inc | 6,767,723 | $99.0M | 0.02% | +464,444+7.4% | Added |
| Point72 Asset Management, L.P. | 6,008,697 | $87.9M | 0.25% | +3,049,258+103.0% | Added |
| State Street Corp | 5,668,068 | $82.9M | 0.00% | +209,397+3.8% | Added |
| JPMorgan Chase & Co | 4,469,344 | $65.4M | 0.00% | −109,274−2.4% | Reduced |
| Dimensional Fund Advisors LP | 4,117,736 | $60.2M | 0.01% | +84,176+2.1% | Added |
| Millennium Management LLC | 3,823,492 | $55.9M | 0.05% | +1,756,929+85.0% | Added |
| Geode Capital Management, LLC | 3,332,671 | $48.8M | 0.00% | +227,485+7.3% | Added |
| Janus Henderson Group PLC | 3,213,883 | $47.0M | 0.03% | +80,051+2.6% | Added |
| Arrowstreet Capital, Limited Partnership | 3,125,547 | $45.7M | 0.04% | +1,901,723+155.4% | Added |
| Northern Trust Corp | 2,987,332 | $43.7M | 0.01% | +1,411,912+89.6% | Added |
| Morgan Stanley | 2,951,321 | $43.2M | 0.00% | +245,747+9.1% | Added |
| Bank of New York Mellon Corp | 2,577,359 | $37.7M | 0.01% | +142,500+5.9% | Added |
| Royal Bank of Canada | 2,386,586 | $34.9M | 0.01% | −13,089−0.5% | Reduced |
| Bank of America Corp | 2,049,888 | $30.0M | 0.00% | +1,551,346+311.2% | Added |
| Invesco Ltd. | 1,953,963 | $28.6M | 0.01% | +71,134+3.8% | Added |
| Norges Bank | 1,872,016 | $27.4M | 0.00% | +1,607,105+606.7% | Added |
| Qube Research & Technologies Ltd | 1,637,789 | $24.0M | 0.04% | −273,535−14.3% | Reduced |
| UBS Group AG | 1,331,688 | $19.5M | 0.00% | −492,522−27.0% | Reduced |
| Goldman Sachs Group Inc | 1,075,400 | $15.7M | 0.00% | −109,639−9.3% | Reduced |
| Trexquant Investment LP | 1,055,137 | $15.4M | 0.18% | +31,955+3.1% | Added |
| Massachusetts Financial Services Co | 1,044,415 | $15.3M | 0.01% | −8,940−0.8% | Reduced |
| Nuveen, LLC | 1,033,264 | $15.1M | 0.00% | +1,033,264 | New |
| California Public Employees Retirement System | 916,719 | $13.4M | 0.01% | +115,649+14.4% | Added |
| Voya Investment Management LLC | 901,799 | $13.2M | 0.01% | +58,154+6.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 883,559 | $12.9M | 0.03% | +207,066+30.6% | Added |
| HRT Financial LP | 807,213 | $11.8M | 0.07% | +341,560+73.4% | Added |
| Gradient Investments LLC | 787,890 | $11.5M | 0.23% | +15,315+2.0% | Added |
| Quantinno Capital Management LP | 778,463 | $11.4M | 0.07% | +481,276+161.9% | Added |
| Horizon Kinetics Asset Management LLC | 762,174 | $11.2M | 0.13% | −20,447−2.6% | Reduced |
| Assenagon Asset Management S.A. | 724,314 | $10.6M | 0.02% | −95,169−11.6% | Reduced |
| Retirement Systems of Alabama | 712,273 | $10.4M | 0.04% | +1950.0% | Added |
| Rhumbline Advisers | 700,472 | $10.2M | 0.01% | +117,324+20.1% | Added |
| First Trust Advisors LP | 661,501 | $9.68M | 0.01% | +135,973+25.9% | Added |
| Verition Fund Management LLC | 645,400 | $9.44M | 0.05% | −546,925−45.9% | Reduced |
| UBS Asset Management Americas Inc | 639,085 | $9.35M | 0.00% | +11,072+1.8% | Added |
| Allspring Global Investments Holdings, LLC | 624,631 | $9.19M | 0.02% | −273,688−30.5% | Reduced |
| Federated Hermes, Inc. | 624,689 | $9.14M | 0.02% | +152,433+32.3% | Added |
| Sound Income Strategies, LLC | 596,438 | $8.73M | 0.52% | +595,731+84,261.8% | Added |
| Ieq Capital, LLC | 569,891 | $8.34M | 0.07% | +301,360+112.2% | Added |
| Cubist Systematic Strategies, LLC | 504,642 | $7.38M | 0.10% | −1,063,706−67.8% | Reduced |
| Jane Street Group, LLC | 455,103 | $6.66M | 0.01% | −371,593−44.9% | Reduced |
| Citigroup Inc | 448,515 | $6.56M | 0.00% | +138,267+44.6% | Added |
| Wealth Enhancement Advisory Services, LLC | 441,383 | $6.46M | 0.01% | +162,342+58.2% | Added |
| Engineers Gate Manager LP | 418,952 | $6.13M | 0.10% | +297,261+244.3% | Added |
| Principal Financial Group Inc | 396,041 | $5.79M | 0.00% | +899+0.2% | Added |
| Alps Advisors Inc | 372,027 | $5.44M | 0.03% | +26,761+7.8% | Added |
| Macquarie Group Ltd | 364,654 | $5.33M | 0.01% | +6,717+1.9% | Added |
| Kovitz Investment Group Partners, LLC | 362,601 | $5.30M | 0.03% | +98,834+37.5% | Added |
| Graham Capital Management, L.P. | 361,891 | $5.29M | 0.17% | +274,692+315.0% | Added |
| Man Group plc | 341,363 | $4.99M | 0.01% | +56,483+19.8% | Added |
| Swiss National Bank | 335,700 | $4.91M | 0.00% | −4,600−1.4% | Reduced |
| Gotham Asset Management, LLC | 315,713 | $4.62M | 0.04% | −31,695−9.1% | Reduced |
| Legal & General Group Plc | 305,850 | $4.47M | 0.00% | +13,954+4.8% | Added |
| Advisors Asset Management, Inc. | 300,272 | $4.39M | 0.08% | +28,874+10.6% | Added |
| Victory Capital Management Inc | 275,398 | $4.03M | 0.00% | −1,315,883−82.7% | Reduced |
| PEAK6 LLC | 261,696 | $3.83M | 0.15% | +112,028+74.9% | Added |
| Citadel Advisors LLC | 259,686 | $3.80M | 0.00% | −417,048−61.6% | Reduced |
| Aquatic Capital Management LLC | 242,864 | $3.55M | 0.09% | +132,538+120.1% | Added |
| State Board of Administration of Florida Retirement System | 226,768 | $3.32M | 0.01% | 00.0% | Unchanged |
| Holocene Advisors, LP | 225,706 | $3.30M | 0.01% | +59,628+35.9% | Added |
| Creative Planning | 216,775 | $3.17M | 0.00% | +12,274+6.0% | Added |
| Fund 1 Investments, LLC | 215,000 | $3.15M | 0.53% | +215,000 | New |
| Ameriprise Financial Inc | 209,152 | $3.06M | 0.00% | −8,486−3.9% | Reduced |
| Alliancebernstein L.P. | 202,112 | $2.96M | 0.00% | −30,149−13.0% | Reduced |
| CWM, LLC | 200,375 | $2.93M | 0.01% | +36,954+22.6% | Added |
| Rockefeller Capital Management L.P. | 198,640 | $2.91M | 0.01% | +198,640 | New |
| Intech Investment Management LLC | 192,177 | $2.81M | 0.03% | +153,604+398.2% | Added |
| Simplex Trading, LLC | 190,786 | $2.79M | 0.10% | +172,119+922.0% | Added |
| Corebridge Financial, Inc. | 190,065 | $2.78M | 0.02% | −4,670−2.4% | Reduced |
| New York State Teachers Retirement System | 185,991 | $2.72M | 0.01% | −31,600−14.5% | Reduced |
| Guggenheim Capital LLC | 180,718 | $2.64M | 0.02% | −14,654−7.5% | Reduced |
| SEI Investments Co | 175,688 | $2.57M | 0.00% | +1,987+1.1% | Added |
| Agf Management Ltd | 170,872 | $2.50M | 0.01% | +30,166+21.4% | Added |
| Cerity Partners LLC | 165,488 | $2.42M | 0.00% | −29,780−15.3% | Reduced |
| California State Teachers Retirement System | 158,768 | $2.32M | 0.00% | −2,877−1.8% | Reduced |
| LPL Financial LLC | 149,925 | $2.19M | 0.00% | +33,622+28.9% | Added |
| Price T Rowe Associates Inc | 146,472 | $2.14M | 0.00% | +16,152+12.4% | Added |
| Ilex Capital Partners (UK) LLP | 142,470 | $2.08M | 0.09% | +142,470 | New |
| Great West Life Assurance Co | 141,463 | $2.07M | 0.00% | −5,799−3.9% | Reduced |
| FIL Ltd | 140,795 | $2.06M | 0.00% | +140,795 | New |
| Manufacturers Life Insurance Company, The | 139,574 | $2.04M | 0.00% | +616+0.4% | Added |
| Mirae Asset Global Investments Co., Ltd. | 139,538 | $2.04M | 0.01% | +15,970+12.9% | Added |
| Brevan Howard Capital Management LP | 138,635 | $2.03M | 0.06% | +110,668+395.7% | Added |
| Neo Ivy Capital Management | 133,476 | $1.95M | 0.62% | −94,956−41.6% | Reduced |
| Barclays PLC | 130,653 | $1.91M | 0.00% | −122,603−48.4% | Reduced |
| Bank of Montreal | 123,915 | $1.81M | 0.00% | +29,908+31.8% | Added |
| Wells Fargo & Company | 123,522 | $1.81M | 0.00% | +23,585+23.6% | Added |
| State of New Jersey Common Pension Fund D | 121,362 | $1.78M | 0.01% | +4,871+4.2% | Added |
| Aigen Investment Management, LP | 121,334 | $1.78M | 0.28% | +121,334 | New |
| BNP Paribas Arbitrage, SA | 118,015 | $1.73M | 0.00% | −132,129−52.8% | Reduced |
| Headlands Technologies LLC | 109,557 | $1.60M | 0.18% | +105,319+2,485.1% | Added |
| IMC-Chicago, LLC | 107,488 | $1.57M | 0.06% | +46,187+75.3% | Added |
| Quest Partners LLC | 106,305 | $1.56M | 0.17% | −14,273−11.8% | Reduced |
| FMR LLC | 98,875 | $1.45M | 0.00% | −307,203−75.7% | Reduced |
| MetLife Investment Management | 98,794 | $1.45M | 0.01% | −1,490−1.5% | Reduced |